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R4,250,000

132 Voortrekker

Price VAT included and sold as going concern - Prime Location for Development!

This is a fantastic opportunity to acquire a well-located 1145sqm commercial property on Voortrekker Road, currently operating as a second-hand car sales and auto glass fitting business. Its sold as going concern which means its zero rated VAT transaction if buyer and Sellers are VAT Vendor.
Excellent Redevelopment Potential:
The property boasts a GB4 zoning, which allows for high-density development. With 25m height restrictions, this prime location is ideal for the construction of a block of flats, hotel or hospital, maximizing your return on investment.
Current Income Stream:
While you finalize your development plans, the established car showroom and auto glass business provides a steady income stream, offsetting holding costs.
Perfect for Car Dealerships:
The spacious layout offers fantastic visibility from the busy Voortrekker Road, making it a prime location for any car dealership looking to expand their business.
Key Features:
* Size:1145sqm
* Zoning:GB4 (High-density development)
* Location:Voortrekker Road (High visibility)
* Current Use:Second-hand car sales & auto glass fitting
* Development Potential:Ideal for building a block of flats, hotel, hospital, place of worship, etc. (25m height restriction)
Added Benefit for Investors:
The seller is a VAT vendor, making this transaction zero-rated, potentially reducing your overall acquisition cost.
Don't miss out on this exceptional opportunity! Contact me today to book a viewing and discuss your development plans.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
500m²
Land Size
1,145m²
Extras
Near Shopping Mall • Fibre • Near Congress-Centre • Near Highway • Near Motorway • Near Fitness centre • Near Hospital • Near Airport • Near Medical Center • Near Railway station • Near University/Campus • Near Public Transportation • Near Shops • Near Golf Course • Covered Parking • Near Schools • On Busy Road
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

59,146.80

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